A worker moves a roll of carpet at the Dixie Group in North Georgia. Dixie Group has purchased textile manufacturer Burtco Enterprises Inc. for $2.3 million.Chattanooga carpet maker Dixie Group on Wednesday made another acquisition with the purchase of a Dalton, Ga.-based manufacturer designed to fill a niche between woven and tufted products.
Dixie paid $2.3 million for Burtco Enterprises Inc., which is a provider of Tapistron computerized yarn placement soft floorcovering and other related products serving the hospitality market.
Jon Faulkner, Dixie’s chief financial officer, said Dixie is hiring nearly all of the 50 employees of Burtco, including its operations, sales and marketing staff. Dixie will continue to operate Burtco’s tufting plant in Chickamauga, Ga. The operations will be run by Elizabeth Moore, who was Burtco’s chief executive. Burtco has administrative offices in Dalton, Ga.
“We think it will be a fruitful and profitable acquisition,” Faulkner said.
Burtco was co-founded in 1979 by Burton Brown.